Search Result for : India Thailand Bilateral Relation

The Dollar Business Bureau  India and Thailand on Tuesday agreed to work collectively for the benefit of farmers, manufacturers and traders in the field of tuber crops such as tapioca.  This issue along with several others was discussed between S S Ahluwalia, Minister of State for Agriculture and Farmers Welfare and a delegation led by Winichi Chaemchaeng, Thailand’s Vice Minister of Commerce in New Delhi. The delegates from Thailand have proposed that cooperation in the area of agriculture, mainly of tapioca processing, value addition, etc, provides tremendous opportunities, according to a statement by the Agriculture Ministry.  Ahluwalia stated that both the countries share ties of history, heritage, civilisation and culture and that India and Thailand are important partners in several international forums.  The visiting ...

The Dollar Business Bureau Thailand on Thursday invited Indian companies to enhance their investments in its country, as the two countries looked to explore cooperation in trade and investment, defence, security and tourism sectors, during Prime Minister Prayut Chan-o-Cha’s three-day visit to India.  "Trade between two countries is quite low and there is room for more cooperation between Thailand and India," Thailand Board of Investment Deputy Secretary General Chokedee Kaewasang said on Thursday in New Delhi. "Thailand and India are in a unique position to help each other. Thailand will help India in getting access to ASEAN," Kaewasang said.  Chan-o-Cha met Prime Minister Narendra Modi on Friday, and the two leaders discussed ways to boost bilateral trade, deal with the threat of terrorism and expand maritime ...

The Dollar Business Bureau In the wake of the slow progress of the much anticipated India-Thai free trade pact, India has been urged to step up the comprehensive talks with Thailand. Thailand first wants to resolve the key details of the pact, leaving aside the minor vexing issues for further discussions, said Thai Commerce Minister Apiradi Tantraporn after holding a meeting with the Indian ambassador to Thailand, Bhagwant Singh Bishnoi. In 2003, India and Thailand inked a framework agreement encompassing the liberalization of trade. Both the sides agreed to commence talks for the pact and establish FTA by 2010. However, the talks were stalled for almost a decade. In 2015, the FTA talks were resumed by Prayut Chan-o-cha government of Thailand. The talks in ...

The Dollar Business Bureau Six companies from India will take part in the 2016 edition of largest industrial subcontracting and business networking event in ASEAN region, being held in Bangkok from May 11-14. Out of those, there are two start-ups from the services sector, including Zilingo and Wings Travel Management. From the services sector, these will be the first companies from India to take part in the Subcon Thailand 2016. Zilingo will be eyeing opportunities in the e-commerce sector whereas Wings Travel Management will look for funding opportunities in the tourism sector. Apart from these, the Indian companies taking part in the event are Grauer and Veil India (chemicals), Lloyds Steel Industries (steel and heavy engineering fabrication), V-Guard Industries (electrical appliances) and Zenith Enterprises ...

In the financial year 2014-15, India-ASEAN trade stood at $76.58 billion, registering average annual growth rate of 12% from $44 billion during 2009-10 The Dollar Business Bureau India is also considering enhancing the ASEAN-India Science and Technology Development Fund from the current $1 million to $5 million in near future   Concerned over a modest pace of trade and investments growth between India and Thailand, Vice President Hamid Ansari on Thursday said the two countries need to encourage private sector investments to enhance bilateral cooperation. The Vice President who is on a three-day visit to Thailand emphasised that the two countries need to synergise their efforts in the areas of economy and business to enhance and diversify trade. The two governments are willing to ...